Last $3.36 USD
Change Today +0.03 / 0.90%
Volume 1.3M
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As of 8:04 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

yingli green energy hold-adr (YGE) Key Developments

Yingli Green Energy Holding Co. Ltd. Announces Unaudited Consolidated Financial Results for the Second Quarter Ended June 30, 2014

Yingli Green Energy Holding Co. Ltd. announced unaudited consolidated financial results for the second quarter ended June 30, 2014. For the quarter, the company’s total net revenues were RMB 3,408.9 million compared to RMB 3,378.3 million in the second quarter of 2013. Net loss attributable to the company was RMB 285.2 million compared to RMB 320.8 million in the second quarter of 2013. Loss per basic and diluted share and per ADS was RMB 1.64 compared to RMB 2.05 in the second quarter of 2013. Adjusted non-GAAP net loss was RMB 275.0 million compared to RMB 321.5 million in the second quarter of 2013. Adjusted non-GAAP loss per diluted share and per ADS was RMB 1.58 compared to RMB 2.05 in the second quarter of 2013. Loss from operations was RMB 85.938 million against RMB 129.228 million a year ago. Loss before income taxes was RMB 292.289 million against RMB 333.550 million a year ago.

Yingli Green Energy Holding Company Limited to Power FC Bayern Munich with Renewable Energy

Yingli Green Energy Holding Company Limited announced that it has installed a solar power system on the roof of FC Bayern Munich's training facility on Sabener StraBe. The Yingli Solar power system has a capacity of 29.2 kWp and will produce more than 31,000 kWh of clean electricity each year. With the new system, the football club now is able to generate their own renewable energy which has a positive impact on the environment by reducing 21,000 kg of harmful CO(2) emissions annually. In future, the Visitor's Center on Sabener StraBe will have an electronic display indicating how much renewable energy the solar modules have generated and how much CO(2) could be saved.

Yingli Green Energy Holding Co. Ltd. to Report Q2, 2014 Results on Aug 27, 2014

Yingli Green Energy Holding Co. Ltd. announced that they will report Q2, 2014 results at 9:00 AM, China Standard Time on Aug 27, 2014

Yingli Green Energy Holding Co. Ltd., Q2 2014 Earnings Call, Aug 27, 2014

Yingli Green Energy Holding Co. Ltd., Q2 2014 Earnings Call, Aug 27, 2014

Yingli Green Energy Holding Company Limited Successfully Completes Trial Production of Monocrystalline Ingots Using New Material Technology

Yingli Green Energy Holding Company Limited announced that the company has successfully completed trial production of monocrystalline ingots using new material technology. Instead of using traditional graphite crucibles when pulling monocrystalline ingots, the company experimented with crucibles made from a carbon-carbon (C-C) composite material. The company's initial estimates suggest that the new material could reduce manufacturing costs by nearly 0.01 USD per watt. While graphite crucibles are currently the most commonly used type of crucible in monocrystalline ingot formation, they are known to have low strength, short lifetimes, and a high risk of silicon leakage because the crucibles are prone to cracking during the heating process. C-C composite crucibles are not as vulnerable to these risks because they are made from a reinforced carbon fiber matrix that is low-density, high-strength, with high thermal conductivity, thermal shock resistance, and dimensional stability. Transitioning to C-C composite crucibles will reduce the per-unit cost of furnace crucibles, improve the stability of crystal pulling, and increase the utilization rate of monocrystalline silicon ingots by approximately 3%.

 

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